养殖ETF（159865）盘中涨超1.2%，行业供需调整与政策引导引关注

Core Viewpoint - The swine breeding industry is experiencing increased supply and demand for fat pigs, leading to a rise in pig prices, although breeding continues to incur losses [1] Industry Summary - Continuous supply expansion in the swine breeding industry is noted, with an increase in demand for fat pigs driving the entry of new breeders [1] - Policy guidance combined with supply pressure release may accelerate capacity reduction, as evidenced by a 0.33% month-on-month decrease in the number of breeding sows in September [1] ETF and Index Summary - The breeding ETF (159865) tracks the China Securities Livestock Index (930707), which selects listed companies involved in livestock feed, breeding, animal vaccines, and veterinary drugs to reflect the overall performance of the livestock industry [1] - The China Securities Livestock Index covers the entire industry chain of livestock, providing a comprehensive view of market trends and development status in the sector [1]